a. An owner contributes cash to the business. b. An organization borrows money from a bank. c. An organization advertises a new product. d. An organization sells some of its land. e. An organization purchases equipment.

a. An owner contributes cash to the business. b. An organization borrows money from a bank. c. An organization advertises a new product. d. An organization sells some of its land. e. An organization purchases equipment.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter4: Journalizing And Posting Transactions

Section: Chapter Questions

Problem 2RQ: Name a source document that provides information about each of the following types of business...

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Question

Match each transaction a through e to one of the following activities of an organization: financing activity (F), investing activity (I), or operating activity (O).

a. An owner contributes cash to the business.
b. An organization borrows money from a bank.
c. An organization advertises a new product.
d. An organization sells some of its land.
e. An organization purchases equipment.

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